ARR Stock Recent News
ARR LATEST HEADLINES
AGNC Investment preannounces results. In line with our expectations, but it sent prices plunging. All agency mortgage REITs that reported so far have included big losses to book value. Expect that trend to continue. We can demonstrate the damage to book value.
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These October U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (82); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >9.5% (80).
Mortgage REIT book values were slaughtered. BDC values were not. I'm including our Q3 2023 earnings and BV estimates for stocks chosen by readers. When interest rates rip higher, it is usually very bad for mortgage REITs.
Armour Residential REIT (ARR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
ARMOUR Residential REIT, Inc. (NYSE:ARR ) Q2 2023 Earnings Conference Call July 27, 2023 8:00 AM ET Company Participants James Mountain - Chief Financial Officer Scott Ulm - Co-Chief Executive Officer, Head of Risk Management and Co-Vice Chairman Jeffrey Zimmer - Co-Chief Executive Officer, President and Co-Vice Chairman Mark Gruber - Chief Investment Officer Conference Call Participants Trevor Cranston - JMP Securities LLC Matthew Erdner - JonesTrading Christopher Nolan - Ladenburg Thalmann Matthew Howlett - B. Riley Securities Operator Good morning, and welcome to ARMOUR Residential REIT's Second Quarter 2023 Earnings Conference Call.
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These March U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (94); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by yield >8.69% (80).
Mortgage REITs have been slammed by the fallout of the ongoing regional banking crisis amid a resurgence of interest rate volatility and credit concerns, erasing their once-robust gains for 2023. Commercial mREITs' exposure to the troubled office sector has come into focus following a wave of mega-sized loan defaults from over-levered private owners. We examine these REITs' sector-by-sector exposure.
The massive beatdown in mortgage REITs and BDCs triggered a wave of upgrades. It was quite a while since we had so many bullish outlooks for the sector.
Slash to 11% or 12% incoming. Shares already dipped some, though many investors don't know about the cut yet.
Big unsustainable yield at a premium valuation. This share isn't for investors, it's for suckers. The valuation is at historically high levels. People who keep holding onto shares are not investing.